1948-04-27 — Page 4

THE HONGKONG TELEGRAPH,

TUESDAY, APRIL 27, 1948.

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12

FIRST EPISODE

[

BREATH-TAKING CHAPTERS

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MUST, DAY

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W. SOMERSET MAUGHAM'S

A PICTURE AS GREAT AS THE FAMOUS NOVELI

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SANDERS - MARSHALL

ALSO LATEST GAUMONT BRITISH NEWS

TO-MORROW

William BENDIX * Helon WALKER * Dennis O'KEEFE

"ABROAD WITH TWO YANKS"

ORIENTAL

SHOWING TO-DAY 2.30, 5.15, 7.20 & 9.20 P.M.

AN

MOM

PICTURE

ROBERT DONAT Vacation Marriage

NEXT CHANGE "MUTINY ON THE BOUNTY"

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Cathay

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THE MOST. DARING DESPERADOS THAT EVER PANICKED THE WEST WITH LAUGHTER!

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GEORGE CLEVELAND WILLIAM_CHING

"GREEN for DANGER”

MAJESTIC

At 2.30, 5.20, 7.20 &.9.20 p.m.

THE INSIDE STORY OF AN INSIDE JOB BY THE GANG THAT STOLE A NATION!

** THE HITLER GANG ”

with Robert WATSON * Alexander POPE A. PARAMOUNT PICTURE COMMENCING THURSDAY Joan FONTAINE * Arturo Da CORDOVA

“FRENCHMAN'S CREEK" IN TECHNICOLOR

Str

"Just in case there are any I would be office-boys-to-millionaires among you

You can't build a business today and make a million

O have no chance today of starting a business in Britain which will make you a millionaire before. you die.

by

BERNARD HARRIS

Before that business

REACTION TO THE BUDGET

By Ernest Thurtle, M.P: LABOUR'S broad reaction to the first Cripps

Budget is that it is fair and reasonable. There is some anxiety, but I would not call it serious, as to the electoral consequences of the further taxation of beer and tobacco.

Trade unionists were expecting an increase in profits tax, or a freezing of dividends, as a set- off against wage freezing.

But disappointment in this respect is balanced by satisfaction at the special impost on investment income, and the concessions to in- come-tax payers in the lower ranges.

Political aspect of the Chancellor's budgeting for a real surplus is that his next Budget may possibly be the last before a General Election.

In that event it would be no embarrassment to him to have a large surplus in hand.

EX-CHANCELLOR DALTON, sitting on a back. bench (fallen star hoping to rise again) is in a position which offers great scope for dis- cretion.

Naturally his words are treated with respect, for behind him is nuthority deriving from the fact that, in his party's view, he was a successful Chancellor for over two years. ".

He would not be human if he did

'show him to be in the millionaire not aspire to a come-buck. group,

Therefore he has the delicate task

Another Scot, 03-year-old Steven James Hardie, has worked his way

of steering a middle course be- there through tendership of

tween eriliclsin which is impressive the Brilish Oxygen group and other big would be regarded as embarrassing. and simulating and that which industrial companies.

Ir, ከI speech Σ thought he

Qualifying easily for millionaire successfully schleved status, recording to his City friends, feat.

is 45-year-old Harold Charles Dray-

ton, one time office boy at 10s, Bd.

a week.

this difficult

*

Skill in financial administration Dour very much by her recent SUMMERSKILL, who pleased

brought him directorships of rail- ways in the Argentine, canals, bus political broadcast, should be well in companies, and investment trusts. the running for higher Ministerial

rank.

$

Now he figures, on the boards of more than 30 companies.

William Lawrence Stephenson says he is not sure whether he is a.mil Bonaire. He has not bothered to work it out. But Somerset House

Your father had one chance

was a Con- their own efforts for the millionaire probably has no doubts about it. in 250,000. Your grandfather try old it had turned seven mem- class.

bers of the Coats family into mil- had one chance in 50,000.

Vionaires,

re-

If promotion comes to her it will be well deserved, for she has done exceedingly well as junior at the Ministry of Food.

A doctor, and mother of two children, with a doctor husband, she You will find the richest of them boy at £13 a year, rose to be head her sex to equality..

Stephenson started na an office is a great champion of the right of Today, according to the

among the football pool promoters, of the English Woolworths at Then there were records of Somerset House, tobacCO

the Wills, of such as the Moores brothers, the exported salary of £80,000 a year. fame. Eleven there are only 244 millionaires of that family have died since 1809, them the pools craze has

members printers who run Littlewoods. For Britain. They are the leaving a total of £30,000,000 be- people with incomes of £50,000 tween them.

promotion from the millionaire into the multi-millionaire division.

in

A year or more.

Some are millionaires by virtue only of their income. It they died tomorrow it is doubt ful whether they would leave £1,000,000.

are

Among the 244 there only 55 multi-millionaires, with incomes exceeding £100,000,

There is n wasture rate among our millionaires of about 15 a year.

Sir Stafford Cripps has made it impossible for new recruits to join their thinning ranks excent by inheritance or out- and-out speculation.

The self-made millionaire, în the sense of the man who has created--a-vast-business from small beginnings, is a fast dis- appearing species. And he is the only valuable kind.

12 RULES "Repeat "hard work”' A jam millionaire, asked 50 years ago to give 12 rules for making a million, replied, "Repeat hard work' 12 times,"

ford work is no longer the touch- stone to grent wealth."

It will not avail today in the face of taxation rising to 10s. 6d. in the pound, profits tax. frozen dlykends, and a "once-for-all" capital lovy which may be 'repeated whenever a hard-pressed Chancellor feels so in- clined.

There were the rentlyes, too, of Jeremiah Colman, the young miller who bought a disured paper mill den of making mustard in it instead of paper.

earned

Holiday camps and amusement parks have made a millionaire of the former hoop-la stall proprietor.

"Billy" Butlin. near Norwich in 1014 and had the

MADE JAM

As Well As Millions

There was William P. Hartley, whose first job in life was to help hls parents in a grocery shop in Colne,

Lancs.

set on the

He took up lum making when he

25 and was soon was rond which led to millions.

Three other one-time shop assis- tants were already in, or nearing. the millionaire class in the early 1900s.

They were "Sunlight" Lever-later Lord Leverhulme-founder of the my" Lipton, the grocer: and Jesse word's biggest soap business; "Tom- Boot-later Lord Trent-whose cash chemists' business developed from

sale of medicinal herbs in a small shop in Goose-gale, Nottingham,

"arrived."

A draper's assistant had already

He was William White ley, the "universal provider," who sold it within 30 years for nearly Invested £700 in a shop in 1883 and

£2,000,000,

the

*

KEEN GAME With Many Competitors Does the country suffer because annihilating taxes have made it im

to build up a possible for a man business Ilke his grandfather did before him? This is the comment former chief at Somerset

a

Jask Billmeir, who was a

£t-n- of week shipbroker's clerk not so many House: years ago, has seen his fleet of "Ston" ships put him.comfortably among the millionaires at the age of 46.

who started business at 15 in a Glas- Two years younger is Hugh Fraser, gow warehouse.

"In many ways building up a good business was like playing a keen game with many competitors.

"There can be no doubting the beneficent effects of this kind of game upon the standard of living He developed The House of Fraser, of the whole country, but today a chain of 16 shops, and this year the odds are impossible and the sold a part interest on terms which rules an intolerable burden."

During the war she agitated for a wornen's Home Guard, and to show she meant business practised ride firing on the range at West- minster.

* ☆

ASY to look at, with a clear head and a good volee, Dr Edith holds her own well on the Front Bench, and would scorn any indulgence by hecklers on account of her sex.

Mainly, I think. because of her sturdy feminism, and not so much beenuse she is the author of "Babies Without Tears," she is held in high esteem by Labour women, and the men are far from indifferent to her merit-I had almost written charm,

A pill that may turn the

PROFESSOR

world upside down

Because science hap ad- far ahead of political

THOMAS

"Why? In the school they rejoiced at the HERBERT DAVEY, of the selenile victory which could rolleve vanced Liverpool School of Tropical the sufferings of millions. Proudly economy and education. We face a Medicine, has warned the Goy- they declared the South-West Pacific terrible problem of over-population. war was won in a test-tube: Britain. "Peoplo are starving in many ernment that a tiny pill weigh- knew how to fight malaria, the Japs lands: conditions worsen when the power to start a devastat ing one and a half grains has didn't.

population increases. Death through Thousands of malarial ex-Ser- tropical disease has helped to keep

the population down.

school.

"But the Government must not rely on malaria to restrict it. They have a trust, They must recognise

ing global war unless Britain vicemen have been cured by the Whisky was making millions for tackles her Colonial responsi the Buchanans and "the Dewars,bilities vigorously.

TOO FAR AHEAD Beer was doing the same Grettons, the

for the Rateliffs, and

When the anti-malarial drug, plcture. Has selence marched too they govern.

But now the scientists see another their responsibilities to the people Watneys.

paludrine, was discovered three far ahead of a lagging administra- "By controlling a killing disense, years ago by I.C.I. bio-chemists tion in tropical countries? they ask. this little più can cause a global war it was hailed by professors and Is the weapon zelence has made because there will bo many morn research scientists as n to fight disease being turned against people struggling for existence in

humanity?

lands that haven't room for the triumph. But today they are worried.

present population.

THE EMIGRANT

Made £3,600,000 Shipowning war liberally sprinkled with militonatres. There were the Currics, the Bibbys, the Ellermans, and the Houstons.

The golden

They fear the consequences of the for age

would-be millionaires in Britain was

small white tablet in many over- the second half of last century.

crowded parts of the world whero And there was the emigrant from Throughout that period income Prussia-Robert Ropner-who

malarla denthrute has ar- the high tax never exceeded 1, 4d. in the rived in England penniless and hitherto helped to keep down the pound. Usually it was less than half friendless. He started as a clerk population in countries already on that rate.

In a shipping office in West Hartle- famine level. And estate duty was unknown un-

Sir William Harcourt startled the 000.

pool and went on to make £3,000,-- business world by introducing it in 1894.

TROUBLE BREWING

"In seven years Java's population has risen from twelve to forty-eight millions. As the doctors fight the discaso death-rate drops and the population rises.

They are dismayed at the pros- pect of hungry millions of coloured people becoming desperato in the battle for existence as their wretch ed standard of living is reduend through the population soaring in countries freed from disease,

They fear unrest will eventually tead to open conflict--a war of

"If the people can't be fed pro- survival between East and West. They have told the Colonial Office perly there will be terrible trouble.. of their fears.

"We must develop these tropical. countries', natural resources, -"There Professor Macgraith rattled a fin must be co-operative By the end of the century Britain half of the wealth in Britain was given the bureaucrats a nightmare of paludrine on his desk. This is schemes. Wages and conditions must farming had nearly 2,200 citizens who ranked owned by one-seventieth part of the a millionaires by today's standards.

peep into the future.

the most powerful. and in many be improved, the marriage age Several families had

One of the team that proved ways the most useful drug wo raised. more than population. one representative among them.

"We owe a responsibility to these Today their discendants Agure paludrino-with D.D.T. and, peni know." he said. There were, for example, the des- largely among the 244 milionaires clilin-was one of the three great Professor Davoy, his colleague, people. The doctors have done their cendants of James Coats, who had who remain on the books at Somer- medical discoveries of the war was who has been 19 yours at the school, duty. Now the Government must started a small cotton-spinning set House. There has been a steady Australia - born

Gilmore pleked up a tiny tablet., "It can be do theirs.“ factory at Ferguslie, near Glasgow, slowing-down in the number of Maegraith, the school's 40-year-old more dangerous that tbo alom

bomb," he declared. "new boys" who have qualified by dean..

Ronald Pearson

in 1824.

NANCY

SCIENTISTS' FEARS From the school a report has Millionaires were so prolife that gone to the Colonial Omec express- it was estimated that more than one-ing the scientists' fears. It has

That Modernistic Touch

SLUGGO---WILL YOU SAW THIS OLD KEG IN HALF--- I WANT TO MAKE TWO FLOWER

TUBS

SURE

Brian

By Ernie Bushmiller

As Sm-o-o-a-oth

as black Velvet!

Fuchs

NO BRUSH SHAVE CREAM

on salo at leading

Stores

COLE AGENTS NAN, KANG.COLUNION ELDUH K